In order to qualify for the PPP loan amount received, Jon D Williams Cotillions Inc's 2019 payroll expenses are estimated to be at least $632,256. On the PPP application, Jon D Williams Cotillions Inc reported intending to use the proceeds of their PPP loan for the following expenses:īusiness Information - Jon D Williams Cotillions Inc in Dallas, TXīased on the standard PPP eligibility formula, it may be possible to estimate the payroll expenses represented by a company on their PPP application (see details above). In order to qualify for the PPP loan amount received, Jon D Williams Cotillions Inc's 2019 payroll expenses are estimated to be at least $518,904.īased on their reported 9 jobs retained, this equals an estimated average yearly compensation of $57,656 per employee 1 Reported PPP Proceed Usage: Please Note: Information on estimated payroll and compensation based on PPP rules is provided for informational purposes only.īased on the standard PPP eligibility formula, it may be possible to estimate the payroll expenses represented by a company on their PPP application (see details above).
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Additionally, because this standard calculation is based on the maximum loan eligibility, it will under-estimate payroll costs if the business did not apply for the full amount of loan to which it was entitled based on its 2019 payroll expenses and other variables described above.John was prepared for a career in the Church. His father died when he was only 2, leaving Williams to be brought up by his mother, a strong matriarcial figure who continued to work the farm on which they lived on her own. Because salaries for PPP eligibility purposes are capped at $100k, businesses with highly-compensated employees will yield an under-estimation of actual payroll costs. John Williams (who would later go on to become Sir John Williams) was born on the 6th of November, 1840, in Carmarthenshire.This estimation assumes that the PPP recipient applied for the full amount for which they were eligible, and no other variables affected the loan amount received. Situations may exist in which it may not be accurate to estimate a PPP recipient's payroll expenses based on the amount of PPP loan received. SES - Senior Executive Service Pay Calculatorįor Jon D Williams Cotillions Inc, the calculation used to estimate payroll costs is shown below:.FWS - Federal Wage System Pay Calculator.